Big Data availability has changed the way we make business since data can be obtained from almost every single thing that we use daily, our cellphones, social media, smart house appliances, banks, etc. However, this data has been merged with cloud computing which allows it to be easier not only to storage but to analyze.
The concept of big data is better understood when using the 4 Vs:
- Volume: How big the data that businesses, public agencies, and other organizations have.
- Velocity: Because it can pill up really fast is important to have enough speed to be able to analyze, process and examine it.
- Variety: usually there are two types, structured and unstructured which are emails, imaged, etc
- Veracity: the certainty of the data and your tools and analysis strategies can separate the poor quality data from those that really matter to your business.
Currently, this match of Big Data and Cloud computing is creating countless benefits for businesses that decide to take on the challenge, such as optimization of the supply chain, efficient tracking of defects, increasing customer engagement and loyalty, new opportunities for revenue growth, and strategic investments, however, the 2 top advantages based on the survey done by New Vantage Partners are cost reduction as well as constant innovation, which is a mindset that every company should have and use to its advantage.
As we all know the world is constantly moving and it is doing it fast, so the data is going to continue to grow and that’s why is so important to put it on the Cloud, the flexibility of this allows continuing to store and analyze the information easier no matter how big it gets, it allows the data to be easily scalable. The cloud also simplifies connectivity and collaboration within an organization, which gives more employees access to relevant analytics and streamlines data sharing.
Keeping your legacy data is just a waste of time, they take very long to back up and restore so making this change for your company is incredibly important, as Darwin once said only the strongest species will survive change and nobody wants to be a weak species, with the digitization of your data you’ll take your company to the next level, it will allow directors to take better and more accurate decisions, lower your costs as we mentioned before, disaster recovery in case there is a cyber attack.
We at Sreeyan now and understand how time-consuming this topic seems as well as complicated but that’s why we´re here, we have experienced Big data technicians that will take on your data and put all of it on the cloud without you stressing out or even having to worry about is at all. Feel free to contact us for a quote.